Today's Video Headlines: 7/24/24
The Justice Department said Boeing had agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million after the planemaker breached a 2021 deferred prosecution agreement, according to a court filing on Wednesday.
Boeing on July 7 agreed in principle to plead guilty to conspiring to defraud the Federal Aviation Administration after the government said the planemaker knowingly made false representations about key software for the 737 MAX.“We will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen our safety, quality and compliance programs,” the company said.
Boeing’s board will have to meet with relatives of those killed in the MAX crashes within four months of sentencing, the filing added.
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